Common use of Units Generally Clause in Contracts

Units Generally. The Membership Interests of the Members shall be represented by issued and outstanding Units, which may be divided into one or more types, classes or series, or subseries of any type, class or series, with each type, class or series, or subseries thereof, having the rights and privileges, set forth in this Agreement.

Units Generally. The Membership Interests of the Members shall be represented by issued and outstanding Units, which may be divided into one or more types, classes or series. Each type, class or subseries series of any Units shall have the privileges, preference, duties, liabilities, obligations and rights, including voting rights, if any, set forth in this Agreement with respect to such type, class or series. As of the Effective Date, with each typethe Units will be comprised of two classes of Units, class or series, or subseries thereof, having the rights including Class A Voting Units and privileges, set forth in this AgreementClass B Nonvoting Units.

Units Generally. The Membership Interests of the Members shall be represented by issued and outstanding Units, which may be divided into one or more types, classes classes, or series. Each type, class, or subseries series of any typeUnits shall have the privileges, class or seriespreference, with each typeduties, class or seriesliabilities, or subseries thereofobligations, having the rights and privilegesrights, including voting rights, if any, set forth in this AgreementAgreement with respect to such type, class, or series. The Company may issue fractional Units.

Units Generally. The Membership Interests of the Members shall be represented by issued and outstanding Units, which may . The Units shall be divided into one or more types, classes or series, or subseries class of any type, Preferred Units and one class or series, with each type, class or series, or subseries thereofof Common Units, having the rights and privileges, set forth such terms described in this Agreement. The Members shall have no interest in the Company other than the Membership Interests conferred by this Agreement and represented by the Units. The ownership of a Unit shall not entitle a Member to a partition or division of any property of the Company or for any accounting.

Units Generally. (a) The Membership Interests of the Members shall will be represented by issued and outstanding Units, which may be divided into one or more types, classes or seriesseries as determined by the Committee. Each type, class or subseries series of any Units will have the privileges, preference, duties, liabilities, obligations and rights, including voting rights, if any, set forth in this Agreement with respect to such type, class or series, with each type, class or series, or subseries thereof, having the rights and privileges, set forth in this Agreement.